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Moving to Panama City, FL?

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Everything You Should Know Before Moving to Panama City, FL

Considering a move to Panama City, FL? With a population of just under 34,000, this Gulf Coast city is known for its warm climate, affordable housing (median price around $229,000), and easy-going lifestyle. Cost of living is below the national average, and commute times are short at about 20 minutes. While crime rates are higher than national norms, residents enjoy excellent beach access, a growing job market, and several local colleges. Discover more about schools, healthcare, and neighborhood trends to decide if Panama City is right for you.

Demographics - Panama City, FL

Demographics - Panama City, FL

Panama City, FL is home to nearly 34,000 residents, with a median age of 39.7 and a population density of 1,380 people per square mile. The community is predominantly White (65.2%), with a significant Black population (22.8%) and a small percentage of Asian and other groups. Non-English speakers make up about 8.6% of the population, reflecting moderate cultural diversity.

demograph population
Population:
33,983
demograph density
Density:
1,380 per sq mi
demograph median age
Median Age:
39.7
Demograph Gender Ratio
Gender Ratio:
93 males per 100 females
demograph Non English Speakers Percentage
Non-English Speakers Percentage:
8.6%
demograph ethnicCompositionEthnic Composition
demograph whites
White:
65.2%
demograph blacks
Black:
22.8%
demograph asian
Asian:
2.3%
demograph others
Others:
9.7%
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People moving

Cost Of Living

Cost Of Living

What is the average cost of living in Panama City, FL?

Panama City offers a cost of living below the national average, with a median home value of $229,000 and average rent around $1,130 per month. Utilities and groceries are reasonably priced, and Florida’s lack of state income tax adds to the city’s affordability. Residents enjoy a good balance between housing costs and everyday expenses.

cost of living medianHouseValue
Median House Value:
$229,000
cost of living grossRent
Gross Rent:
$1,130
cost of living monthlyElectricityCharges
Monthly Electricity Charges:
$140
cost of living autoInsurance
Auto Insurance:
$2,250
cost of living houseownerCostWithMortgage
House Owner Cost With Mortgage:
$1,390
cost of living houseownerCostWithoutMortgage
House Owner Cost Without Mortgage:
$480
cost of living stateTaxes State Taxes:
Low:
0%
|
High:
0%
cost of living costOfLivingIndex
Cost Of Living Index:
92.3
cost of living grocery
Grocery:
97.1
cost of living housing
Housing:
79.0
cost of living utilities
Utilities:
103.4
cost of living transportation
Transportation:
93.6
cost of living health-care
Health Care:
97.8
cost of living miscellaneous
Miscellaneous:
94.5

Crime

Crime

Is Panama City, FL a safe place to live?

Crime rates in Panama City are higher than many U.S. cities, with a violent crime rate of 667 incidents per 100,000 people and a property crime rate of 3,022 per 100,000. Residents have a 1 in 150 chance of being a victim of violent crime and a 1 in 33 chance for property crime. While safety is a concern, many neighborhoods remain welcoming and family-friendly.

crime voilentCrimes
Violent Crimes Per 100k:
667
crime propertyCrime
Property Crimes Per 100k:
3,022
crime crimeIndex
Crime Index:
3,689
crime chanceOfViolentCrime
Chance Of Violent Crime:
1 in 150
crime chanceOfPropertyCrime
Chance Of Property Crime:
1 in 33
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Weather

Weather

What is the weather like in Panama City, FL year-round?

Panama City boasts a warm coastal climate, with mild winters averaging 4665°F and hot summers reaching 7590°F. The city enjoys about 69% sunny days each year and receives over 62 inches of annual rainfall, making it ideal for outdoor enthusiasts. Seasonal variations are gentle, ensuring comfortable weather year-round.

weather winterWinter
weather min
Min:
46°F
weather max
Max:
65°F
weather springSpring
weather min
Min:
57°F
weather max
Max:
78°F
weather summerSummer
weather min
Min:
75°F
weather max
Max:
90°F
weather fallFall
weather min
Min:
60°F
weather max
Max:
79°F
weather averageRainfallInches
Average Rainfall Inches:
62.2 inches
weather sunnyDays Percentage
Sunny Days Percentage:
69%

Neighbors

Neighbors

Local households in Panama City have a median income of $56,749, with a per capita income of $29,100 and a poverty rate of 16.5%. Most residents commute about 20 minutes to work, and only a small fraction use public transportation. The community is moderately educated, with 89% holding at least a high school diploma and 25% earning a bachelor’s degree or higher.

neighbor medianIncome
Median Income:
$38,700
neighbor householdIncome
Household Income:
$56,749
neighbor familyIncome
Family Income:
$69,100
neighbor perCapitaIncome
Per Capita Income:
$29,100
neighbor incomeMale
Income Male:
$41,400
neighbor incomeFemale
Income Female:
$32,800
neighbor povertyRate
Poverty Rate:
16.5%
neighbor nonEnglishSpeakers
Non English Speakers:
8.6%
neighbor rent
Rent:
$1,130
neighbor unemployment
Unemployment Rate:
4.2%
neighbor publicTransport
Public Transport Usage:
0.9%
neighbor commuteTime
Commute Time:
20.1 minutes
neighbor educationEducation
neighbor highSchool
High School or Higher:
89.0%
neighbor bachelors
Bachelors or More:
25.4%
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Education

Education

How are the schools in Panama City, FL?

Panama City offers a range of educational options, including well-rated public and private schools, as well as higher education institutions like Gulf Coast State College and Florida State University Panama City. Student-to-teacher ratios are favorable, providing a supportive learning environment. The city’s educational resources serve families and students from elementary through college level.

education PublicSchoolsPublic Schools
education publicName
Name:
Jinks Middle School
education publicStreet
Street:
600 W 11th St
education publicPhone
Phone:
850-767-4730
education publicStudents
Students:
700
education publicStudentTeacherRatio
Student Teacher Ratio:
16.2


education publicName
Name:
Lucille Moore Elementary School
education publicStreet
Street:
1900 Michigan Ave
education publicPhone
Phone:
850-767-1428
education publicStudents
Students:
680
education publicStudentTeacherRatio
Student Teacher Ratio:
14.8


education privateSchoolsPrivate Schools
education privateName
Name:
Bay Haven Charter Academy
education privateStreet
Street:
2501 Hawks Landing Blvd
education privatePhone
Phone:
850-248-3500
education privateStudents
Students:
1,000


education collegesColleges
education collegeName
Name:
Gulf Coast State College
education collegeCity
City:
Panama City
education collegeState
State:
FL
education collegeDistance
Distance:
0 miles
education collegeStudents
Students:
5,700


education collegeName
Name:
Florida State University Panama City
education collegeCity
City:
Panama City
education collegeState
State:
FL
education collegeDistance
Distance:
0 miles
education collegeStudents
Students:
1,500


Healthcare

Healthcare

Residents have access to quality healthcare through major hospitals like Ascension Sacred Heart Bay and HCA Florida Gulf Coast Hospital, both offering emergency services. With approximately 2.3 physicians per 1,000 people and an 85.7% health insurance coverage rate, healthcare is readily available. The city’s healthcare index reflects generally good access and services for most residents.

healthcare majorHospitals Major Hospitals
healthcare hospitalName
Name:
Ascension Sacred Heart Bay
healthcare hospitalAddress
Address:
615 N Bonita Ave, Panama City, FL 32401
healthcare hospitalPhone
Phone:
(850) 769-1511
healthcare hospitalType
Type:
General & Surgical
healthcare emergencyServices
Emergency Services:
Yes


healthcare hospitalName
Name:
HCA Florida Gulf Coast Hospital
healthcare hospitalAddress
Address:
449 W 23rd St, Panama City, FL 32405
healthcare hospitalPhone
Phone:
(850) 769-8341
healthcare hospitalType
Type:
General & Surgical
healthcare emergencyServices
Emergency Services:
Yes


healthcare physiciansPer1000
Physicians Per 1000:
2.3
healthcare healthInsuranceCoverage
Health Insurance Coverage:
85.7%
healthcare healthCareIndex
Health Care Index:
76.4
Healthcare
Housing Market

Housing Market

Housing Market

What is the housing market like in Panama City, FL?

The Panama City housing market is affordable, with a median home price of $229,000 and an average two-bedroom rent of $1,130. Homeownership is slightly above half at 53.8%, and the market has seen a 7.3% appreciation over the past year. Vacancy and foreclosure rates remain low, indicating a stable and attractive market for buyers and renters.

housing market medianHomePrice
Median Home Price:
$229,000
housing market averageRentFor2Bedroom
Average Rent For 2 Bedroom:
$1,130
housing market ownerOccupiedRate
Owner Occupied Rate:
53.8%
housing market rentalVacancyRate
Rental Vacancy Rate:
7.1%
housing market homeAppreciationRate1Yr
Home Appreciation Rate (1yr):
7.3%
housing market newConstructionRate
New Construction Rate:
2.6%
housing market foreclosureRate
Foreclosure Rate:
0.9%

DMV Information

DMV Information

Vehicle services in Panama City are managed by the Florida Department of Highway Safety and Motor Vehicles, located at 2333 US-231. Residents can access driver licensing, vehicle registration, and other services both in person and online through the state DMV website. The local office is easily reachable for all standard motor vehicle needs.

dmv state
State:
Florida
dmv department
Department:
Florida Department of Highway Safety and Motor Vehicles
dmv address
Address:
2333 US-231, Panama City, FL 32405
dmv phone
Phone:
850-872-4145
DMV

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

Top Movers in Panama City, FL

Planning a relocation in or near Panama City? We have you covered. Whether you're moving across a street or across town, our dependable network of local movers is ready to handle every aspect of your relocation. Find expert movers who will make your move as seamless, efficient, and stress-free as possible, from packing and loading to transporting and unpacking. Explore specialty moving services, compare estimates, and contact a reputable moving company in Panama City.

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FAQs About Moving to Panama City, FL

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Check the cost of living, housing, traffic, and public transit in Panama City. Each neighborhood has its own vibe, so pick one that fits your lifestyle. Be prepared for Panama City climate and weather.

Moving within Panama City usually costs between $300 and $1,500. Moving long distances can cost anywhere from $2,000 to more than $5,000. The price may go up if you need extra services like packing or storage. Fill out Movers.com quote form to compare the quotes easily.

While moves happen year-round, spring and fall are often more comfortable in Panama City. Booking outside of peak summer or winter seasons can save money and make scheduling easier.

Yes! Majority of moving companies in Panama City offer full service moving, which means they will help you pack, unpack, and arrange your belongings.

You should plan your move from Panama City at least 4 to 8 weeks in advance, especially if you're moving during the busy season (summer). You can get better availability, prices, and flexibility with your moving date if you book early. If you book at the last minute, you may have fewer choices or pay more.
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